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Socratic Economics IV: How is inflation calculated? | 41 comments (41 topical, editorial, 0 hidden)
Re: There are two basic ways to measure ... (4.00 / 3)
Have you checked the Wikipedia article on Price Indices?
Some notable price indexes include:
  • Consumer price index
  • Producer price index
  • Personal consumption expenditures price index
And to that one must add at least the GDP Deflator.

So, there are at least four indices one can call "inflation", and for each of them one can ank the methodological question of how it is calculated.

We have met the enemy, and it is us — Pogo

by Migeru (migeru at eurotrib dot com) on Wed Oct 10th, 2007 at 06:11:20 PM EST
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Socratic Economics IV: How is inflation calculated? | 41 comments (41 topical, 0 editorial, 0 hidden)
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